The Central Government of India has announced that S Viswanathan is the New Managing Director of State Bank of India (SBI). Mr Viswanathan, who was serving as a deputy managing director of the country’s largest lender, earlier headed the state-run bank’s investment banking arm, SBI Capital Markets Ltd. With this, SBI has four managing directors, including Diwakar Gupta, who is also the chief financial officer, Hemant Contractor, who is in charge of international operations and A. Krishna Kumar, who looks after national banking.
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